Smart Water Management Market Size, Product Trends, Key Companies, Revenue Share Analysis, 2021

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The global Smart Water Management market size is expected to reach USD 18.90 Billion in 2028 and register a steady CAGR over the forecast period, according to latest analysis by Emergen Research. Steady market revenue growth can be attributed to increasing initiatives to deploy sustainable water management solutions due to rising demand for fresh and safe water for consumption and other household and commercial purposes. Decrease the availability of affordable, safe, and clean water and more efficient sewerage treatment and processing services is driving rising utilization of smart water management solutions in various developing countries. Increasing deployment of Internet of Things (IoT) technologies to monitor environment, water resources, and infrastructure is boosting growth of the smart water management market and demand for associated solutions. Increasing availability of high-performance and low-cost IoT sensors are contributing to rising demand for smart water management solutions. Smart water management solutions offer various benefits such as improving water conservation, optimizing repair and replacement of ageing infrastructure, improving response to climate change and extreme weather events, and improving public health, water quality, and environmental protection.

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Key market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global Smart Water Management market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Competitive Outlook: The leading companies operating in the Smart Water Management market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Smart Water Management market.

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Competitive Terrain:

The global Smart Water Management industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

Leading Market Players Profiled in the Report:

ABB, IBM, Honeywell Elster, Siemens, Itron, Schneider Electric, SUEZ, Oracle, Landis+Gyr, and SENSUS

Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Smart Water Management market expected to boost the growth of the industry in the coming years.

Smart Water Management Market Segmentation:

Offering Outlook (Revenue, USD Billion; 2018–2028)
- Service
  1. Professional Services
  2. Managed Services
- Solution
  1. Distribution Network Monitoring
  2. Meter Data Management
  3. Asset Management
  4. Supervisory Control and Data Acquisition (SCADA)
  5. Analytics
  6. Smart Irrigation Management
  7. Others
- Water Meters
  1. AMI Meters
  2. AMR Meters

End-use Outlook (Revenue, USD Billion; 2018–2028)
- Residential
- Commercial Industrial

Regional Outlook (Revenue, USD Billion; 2018–2028)
- North America
  1. U.S.
  2. Canada
  3. Mexico
- Europe
  1. Germany
  2. France
  3. U.K.
  4. BENELUX
  5. Italy
  6. Spain
  7. Switzerland
  8. Rest of Europe
- Asia Pacific
  1. China
  2. Japan
  3. South Korea
  4. India
  5. Rest of APAC
- Latin America
  1. Brazil
  2. Rest of LATAM
- Middle East Africa
  1. Saudi Arabia
  2. UAE
  3. Israel
  4. South Africa
  5. Rest of MEA

Regional Outlook:

North America (the U.S., Canada, Mexico)
Europe (the U.K., Germany, France, Italy)
Asia Pacific (India, China, Japan, Korea)
Latin America (Brazil, Argentina, Ecuador, Chile)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran)

Key reasons to buy the Global Smart Water Management Market report:

The latest report comprehensively studies the global Smart Water Management market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
The report offers an insightful analysis of the regional outlook of the market.
It offers a detailed account of the end-use applications of the products services offered by this industry.
The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.

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